New Delhi: Yes Bank has reduced its Fixed Deposit (FD) interest rates by 25 basis points (0.25%) on select tenures with effect from April 1, 2025. Meanwhile, all eyes are on the upcoming Monetary Policy Committee meeting of the Reserve Bank of India (RBI) scheduled for next week. If the MPC decides to go ahead with a repo rate cut, banks are expected to start reducing FD rates.
Yes Bank has revised interest rates on FDs below Rs 3 crore. The lender is offering fixed deposit interest rates between 3.25 per cent and 7.75 per cent for FD amounts below Rs 3 crore. The senior citizens will be entitled to get 0.50 per cent more.
The bank is offering the highest interest rate of 7.75 per cent to non-senior residents for FD schemes with a tenure of 12 to 24 months. Senior citizens will get 8.25% return on the same.
Yes Bank has mentioned on its website that the interest rates are subject to change at the sole discretion of the bank. The interest rates for senior citizens are only applicable for resident customers. The minimum tenure for reinvestment Fixed Deposit is 6 months and 1 day.
Yes Bank FD Interest Rates from April 1, 2025
| Tenure | Interest Rates (%P.A.)* | Annualised Yield^ |
| 7 days to 14 days | 3.25% | 3.25% |
| 15 days to 45 days | 3.70% | 3.70% |
| 46 days to 90 days | 5.00% | 5.00% |
| 91 days to 120 days | 5.00% | 5.00% |
| 121 days to 180 days | 5.00% | 5.00% |
| 181 days to 271 days | 6.25% | 6.40% |
| 272 days to < 12 months | 6.25% | 6.66% |
| 12 months to < 24 months | 7.75% | 7.98% |
| 24 months to < 36 months | 7.25% | 7.45% |
| 36 months to < 60 months | 7.25% | 7.45% |
| 60 months | 7.25% | 7.45% |
| 60 months 1 day to <= 120 months | 7.00% | 7.19% |
For FD schemes, Yes Bank offers a low minimum investment amount. An individual is allowed to invest Fixed Deposit with a minimum amount of Rs 10,000. The lender allows the customers to choose from various tenure options ranging from 7 days up to 10 years. The depositor can earn good as Compounding Interest enables one to earn more interest through quarterly compounding reinvestment. The bank provides Overdraft facility, i.e., one can enjoy liquidity with an Overdraft facility up to 90 per cent on your Fixed Deposit.
Yes Bank levies premature withdrawal penalty on all deposits booked / renewed for amounts less than Rs 5 crore as per the figures mentioned below.
Less than equal to 181 days: 0.75%
182 days and above: 1 per cent
Yes Bank has lowered select fixed deposit (FD) interest rates by 0.25%, effective April 1, 2025. Rates now range from 3.25% to 7.75% (8.25% for senior citizens). Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
